Mount Laurel, NJ (February 1, 2013) – PMC Group N.A., (“PMC”) announced today that it has completed the acquisition of the global methyl tin stabilizers and solid lubricants business (the “Business”) of The Dow Chemical Company (“Dow”).
The Business includes global organotin and heavy-metal free organic polymer stabilizers, polymer lubricants and multi-component package product lines sold under brand names including ADVASTAB™, ADVALUBE™, ADVAWAX™ and ADVAPAK™. The transaction includes a world-scale manufacturing facility dedicated to these products in Cincinnati, Ohio.
Mr. Debtosh Chakrabarti, President of PMC said, “This acquisition broadens our technology and product offering and underscores our commitment to be an innovative leader in the polymer additives industry. We are excited to welcome the customers and employees of the Business located in Cincinnati to PMC.”